New Delhi, April 26 (SocialNews.XYZ) Breaking a two-day losing streak, Indian equity benchmarks settled Tuesday's session in the green primarily due to value buying at lower levels.
Gains were mainly aided by a jump in shares in auto, realty, FMCG and PSU bank space.
"Benchmark Indices gained one and a half percentage today on expectations of record GST collections for April even as FII ownership dropped to multi-year lows at 20 per cent," said S. Ranganathan, Head of Research at LKP securities.
On Tuesday, Sensex settled at 57,357 points, up 1.4 per cent or 777 points, whereas Nifty at 17,201 points, up 1.5 per cent or 247 points.
Source: IANS
About Gopi
Gopi Adusumilli is a Programmer. He is the editor of SocialNews.XYZ and President of AGK Fire Inc.
He enjoys designing websites, developing mobile applications and publishing news articles on current events from various authenticated news sources.
When it comes to writing he likes to write about current world politics and Indian Movies. His future plans include developing SocialNews.XYZ into a News website that has no bias or judgment towards any.
He can be reached at gopi@socialnews.xyz
